Friends of NCVMA Foundation Inc
Nonprofit profile at a glance
- EIN
- 113779599
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2014
- Location
- Raleigh, NC, USA
- Phone
- 9198515850
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $66,056
- Expenses
- $105,712
- Assets
- $444,509
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Gretchen Burke DVM (President)
- Marguerite Gleason DVM (Vice President)
People named in this filing
- Gretchen Burke DVM (President)
- Marguerite Gleason DVM (Vice President)
- Jennifer Kendrick (Secretary/Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Friends of NCVMA is a 501(c)3 fully tax-deductible charity whose purpose is to educate the public and students at all levels as to the science and art of veterinary medicine.
Operating model
- Revenue model
- Donor-supported. 67% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 86% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 93
- Sustainability: 43
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.6%; rating input score 89
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 3rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -60%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 4.2; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 20.2% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: 12.4% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $94K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.